Colombia reached a new record for wells drilled in 2011 so it is no surprise that utilization was high in November when companies were in the final push to finish year-end goals.
March 13, 2012 From Estrella International Press Release “Buenos Aires, Argentina, February 23, 2012 – Estrella International Energy Services Ltd. (the “Company” or “Estrella”) (TSX-V: EEN),
March 13, 2012 Extracts from a Sintana Energy Inc. press release Sintana Energy Inc. has entered into a definitive agreement dated as of March 12, 2012, providing for a business combination of the two companies.
Cartagena, February 23, 2012 (GIS)). President Juan Manuel Santos announced that by resolution, the Ministry of Mines and Energy delineated Strategic Mining Areas in Colombia.
During the days 4,5,6 and 7 March 2012 , Canada’s Prospectors & Developers Association of Canada mining exhibition (PDAC 2012) will be held in Toronto.
MME, D.C. Bogotá, February 20, 2012. The Ministry of Mines and Energy will participate in the Prospectors and Developers Association of Canada (PDAC) Convention which will be held from 4 to 7 March 2012 in Toronto, Canada.
February 21, 2012 National newspaper El Tiempo reports the director of the National Hydrocarbons Agency (ANH), Orlando Cabrales saying that the organization determined that the National Development Plan target of 205 exploratory wells for 2012 was a little ‘heavy’.
Minister of Mines and Energy, Mauricio Cardenas, said the government’s goal is to increase its oil reserves to a minimum of ten years.
February 20, 2012 Mining company representatives located in 6 of the 13 municipalities in the jurisdiction of the CDMB (Regional Corporation for the Defense of the Bucaramanga Mesa), met in the last hours with the Director of the corporation.
The Colombian press agency Colprensa has been widely published in the Colombian press as saying that the new president of Cerrejon, the country’s biggest coal operation is Roberto Jungito. Jungito is a widely respected Colombian executive who has worked for Chase Securities, McKinsey and Co.